Showing posts with label mould. Show all posts
Showing posts with label mould. Show all posts
Sunday, April 13, 2014
Mike Butler: WOF means hardship for tenants
Labels: Mike Butler, mould, Property investment, rent, rental property warrant of fitnessTenants should be very alarmed at rent increases and more stringent standards that would come with a proposed warrant-of-fitness scheme. Early indications from two trials are under way show that more properties fail than pass the test that requires ceiling insulation 120mm thick, under-floor insulation, and a supplied heater.
Upgrades averaging $9700 per rental property, as estimated by the Building Research Association of New Zealand after a survey of 491 properties throughout New Zealand, would increase rents by around $20 a week thus disadvantaging the people a WOF scheme purports to help. (1)
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